Thursday, December 08, 2005

Thurs - Carl Icahn now picking on Parsons

Oooh, the battle over Time Warner is getting personal.

Seeing as Dick Parsons isn't giving into the dissident shareholders, led by Carl Icahn, seeking huge share buybacks and a break up of the company - they've now resorted to slagging Parsons off personally.

They're even picking at what seem to be perfectly legitimate share sales by Parsons going back a few years. Who cares guys!

Sticks and stones... If I were you Parsons I'd be happy. If they have to resort to such petty games it probably means they're losing the battle. Just ignore them and go do a great deal with AOL.

Oh and maybe explain your vision for keeping Time Warner together under one roof. It sure makes sense to us.

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